I've got weird one maybe nobody has come across yet. Just found out that a property in my 13 plan (that I'm to sell) was supposed to be secured by a line of credit that I thought was on another family property altogether. By some strange course of events, the creditor never actually recorded the final deed of trust to effectvely perfect the lien on this particular parcel. The property is in California. Does anyone have any opinions as to whether I will have problems transferring title when the title search most certainly finds this discrepancy? Quick opinion by an attorney in CA said the trustee would most likely be able to treat the creditor just like any other unsecured creditor -- and sell ahead of their claim. (Since there was no recorded lien at the time I filed two years ago.)
Thought this one might be food for thought for a few people.
Thought this one might be food for thought for a few people.
Comment